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Blockchain: What it is and How does it affect us?

Everyone from the Federal Reserve to the car dealer up the street is talking about blockchain.  And by some accounts, the blockchain will solve all our problems.  Notaries?  Who needs them when the blockchain can provide digital identity management.  County Recorders?  Who needs them when you can publicly post every transaction on the blockchain.  Title insurance?  Who needs that, now that the entire history of the property is transparent to everyone?  Soon, we’ll be able to buy and sell residential real estate as easily as we buy and sell automobiles.  But what is this new technology and can it really do all that?  Come and decide for yourself.  Is blockchain the next “big thing” or is it the next ??? 

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